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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

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When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

3

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

1

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

2

When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

3

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
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AI was supposed to cut health care costs. One of its first jobs was charging you more, PwC report shows
AI was supposed to cut health care costs. One of its first jobs was charging you more, PwC report shows

AI is one of five potential drivers of health costs climbing up to 9% in 2027, according to PwC.

By Whizy Kim and Tech BrewJune 12, 2026
paul
Machine learning gives the U.S. a 1% chance of winning the World Cup final in its own backyard
By Achim Zeileis and The ConversationJune 12, 2026
DoorDash wants you to stop scrolling and just tell its new AI chatbot what you’re hungry for
DoorDash wants you to stop scrolling and just tell its new AI chatbot what you’re hungry for
By Dave Lozo and Morning BrewJune 12, 2026
On the day of a historic IPO, SpaceX’s president is already hinting at a Tesla merger: ‘That might make Elon Musk’s life a little easier’
On the day of a historic IPO, SpaceX’s president is already hinting at a Tesla merger: ‘That might make Elon Musk’s life a little easier’
By Marco Quiroz-GutierrezJune 12, 2026
Man in a blue shirt gesturing
AOL cofounder Steve Case on AI— major upside, real risk, and ‘probably a net negative’ for jobs
By Amanda GerutJune 12, 2026
Astronaut costumes, teenage crypto millionaires, and a $300 million bet: Scenes from the SpaceX IPO
Astronaut costumes, teenage crypto millionaires, and a $300 million bet: Scenes from the SpaceX IPO
By Eva RoytburgJune 12, 2026
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Elon Musk
When SpaceX starts trading, some ‘shareholders’ will discover they own nothing at all

Everything you need to know before you reach the office this morning.

By Jim EdwardsJune 12, 2026
Your AI is already setting prices. The real question is who sets the rules

The rules your AI is following need to be rules you would stand behind—in front of your customers, your board, and even a congressional hearing.

By François Candelon, Paul-Louis Andres and Augustin ManchonJune 12, 2026
Exclusive: Consumer device giant LG Electronics to launch blockchain to place and sell ads

LG Electronics worked with the crypto protocol Arbitrum to develop its own blockchain.

By Jack Kubinec and Ben WeissJune 11, 2026
You can blame America’s plummeting fertility rate on the iPhone, study finds: ‘People are all depressed and alone and doomscrolling’

A recent NBER paper noted the link between iPhone sales and declining births could be the result of more time spent on devices, and less time connecting.

By Sasha RogelbergJune 12, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
owen
The economist who said ‘no bubble’ just sounded the alarm: ‘The season of chaos is at hand’

“The chamber of dispersion has been opened,” Owen Lamont, says. “The beast of volatility has awakened, and the season of chaos is at hand.”

By Nick LichtenbergJune 12, 2026
Elon’s wealth: 1 trillion dollar bills would stretch 97 million miles, to the moon and back over 200x

If $1 trillion was divided among the entire population, each person would receive almost $122.

By Wyatte Grantham-Philips and The Associated PressJune 12, 2026
Elon Musk’s wealth could double the economy of his native South Africa as world’s first trillionaire

Musk’s new title arrives amid a wider acceleration for the richest of the rich whose level of wealth was once unfathomable

By The Associated Press and Wyatte Grantham-PhilipsJune 12, 2026
With SpaceX IPO, Elon Musk is the world’s first trillionaire—but he mostly lives in a tiny home in south Texas. ‘There is no food in the fridge’

SpaceX raised $75 billion on Thursday in the largest IPO ever after offering more than 555 million shares at $135 a piece, valuing the company at over $1.7 trillion.

By Jason MaJune 12, 2026
More in Startups & Venture
AI
More in AI
Warehouse workers with robot
Walmart has a message for its 2.1 million workers: AI is going to improve your job, not take it: ‘Technology will power our future’

Walmart is already using AI to design clothes and coordinate trucks—but the $967 billion grocery chain says humans “will lead” the transformation.

By Emma BurleighJune 12, 2026
For SpaceX CFO Bret Johnsen, the challenge starts after the $75 billion IPO 

Johnsen now faces the task of proving SpaceX can deliver on its promises as a public company.

By Sheryl EstradaJune 12, 2026
Why is it so hard to get ROI from AI? Because building from first principles isn’t easy

At Fortune Brainstorm Tech, executives said that finding value from AI starts with strategy and continues with process reinvention.

By Jeremy KahnJune 11, 2026
Notion takes a quiet approach to designing AI features: ‘You can’t have every new tool screaming at you’

“There are other ways to drive awareness or adoption that aren’t about making all the features immediately present,” says design head Randy Hunt.

By Angelica AngJune 12, 2026
More in AI
Innovation
More in Innovation
musk
Elon Musk, the trillionaire: pay packets go multi-planetary in SpaceX IPO

The largest IPO in history raised $75 billion Friday despite $8.7B in losses since 2025. Did your pension boost the “significantly overvalued” stock?

By Bernard Condon and The Associated PressJune 12, 2026
Aliens are so mainstream the Catholic Church just fired an exorcist for saying UFOs are demons

JD Vance agrees with the exorcist. The Pope waxes poetic about the galaxies. A religion scholar sees UFOs as the best thing to happen to faith in years.

By Krysta Fauria and The Associated PressJune 12, 2026
SpaceX’s first employee, Tom Mueller, thinks the historic IPO is just the beginning

Tom Mueller, CEO of Impulse Space, says investors are buying a vertically integrated vision for space-based computing, AI, and the next industrial revolution.

By Lily Mae LazarusJune 12, 2026
Live updates from SpaceX IPO debut: SpaceX valuation now at over $2 trillion as stock climbs to $175 a share

After 24 years of anticipation, the SpaceX IPO finally debuted at just over $150 a share and is now hovering at around $165 a share.

By Catherina GioinoJune 12, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
After backlash, Anthropic says its AI will now tell users when their request is being rejected or downgraded for national security concerns
After backlash, Anthropic says its AI will now tell users when their request is being rejected or downgraded for national security concerns

Anthropic’s latest model previously downgraded certain user requests quietly and without warning.

By Marco Quiroz-GutierrezJune 11, 2026
Westchester County built a 600-camera plate reader network that shared 1.6 billion scans with ICE, lawsuit says

A class action lawsuit alleges the county shared years of motorist travel data with 50+ agencies including ICE, with no public authorization.

By Byron Tau and The Associated PressJune 11, 2026
South Korea fines Coupang record $409 million for data breach

Coupang has been under fire after regulators discovered a former employee improperly accessed personal information from nearly 34 million accounts.

By Jaehyun Eom, Shinhye Kang and BloombergJune 11, 2026
Canada joins global movement to ban social media for kids: ‘We are failing our children. Enough is enough’

New legislation puts the burden of proof on companies — not parents — to demonstrate their platforms are safe, mirroring Australia’s ban.

By Rob Gillies and The Associated PressJune 11, 2026
More in Cybersecurity
Latest Stories
fla
EnvironmentFlorida’s insurance exodus is triggering a 2008-style chain reaction — with one critical difference
By The ConversationJune 12, 2026
reagan
Personal FinanceSocial Security’s 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983
By John W. Diamond and The ConversationJune 12, 2026
gill
EconomyWorld Bank warns the 2020s are becoming a ‘lost decade’ for the global economy — ‘barring a miracle’
By Nick LichtenbergJune 12, 2026
SpaceX just made IPO history. Gwynne Shotwell made it possible
NewslettersSpaceX just made IPO history. Gwynne Shotwell made it possible
By Emma HinchliffeJune 12, 2026
mortgage
Real EstateMortgage rate rises to 6.52% from 6.48%, near yearlong high
By Alex Veiga and The Associated PressJune 12, 2026
victor
North AmericaVictor Wembanyama nearly got egged by a rabid Knicks fan. Nobody filed a complaint with the NYPD
By The Associated PressJune 12, 2026
dan
PoliticsDan Sullivan could be kicked out of Alaska Senate primary — but not that Dan Sullivan
By Becky Bohrer and The Associated PressJune 12, 2026
Plunge All-in Cold Plunge Review (2026): Expert Tested
HealthPlunge All-in Cold Plunge Review (2026): Expert Tested
By Christina SnyderJune 12, 2026
More TechPage 18 of 100
Andrew Feldman, co-founder of Cerebras
NewslettersCerebras soars almost 70% by market close in a true blockbuster IPO
By Allie GarfinkleMay 15, 2026
  • 250
    CommentaryFor 250 years, America didn’t just invent the future—it built it. That connection is breaking. Here’s how to restore it
    By Eric Kutcher, Shubham Singhal, Olivia White and Scott BlackburnMay 13, 2026
larry
Startups & VentureMeet the California cheese mogul who turned to AI agents to save his iconic $50 million business
By Nick LichtenbergMay 15, 2026
michael
CommentaryAI is wiping out entry-level jobs. Here’s how colleges can fill the gap
By Michael HansenMay 15, 2026
OpenAI CEO Sam Altman (left) and Apple CEO Tim Cook in Washington, D.C., on Sept. 4, 2025. (Photo: Will Oliver/EPA/Bloomberg/Getty Images)
NewslettersOpenAI may take legal action against Apple over Siri’s ChatGPT integration
By Andrew NuscaMay 15, 2026
Wall Street sees ‘nothing of real substance’ in Trump’s China trade deal—and stocks sell off globally
North AmericaWall Street sees ‘nothing of real substance’ in Trump’s China trade deal—and stocks sell off globally
By Jim EdwardsMay 15, 2026
Chuck Robbins, chief executive officer of Cisco
Investing‘Critical infrastructure for the AI era’: Cisco’s CEO on the earnings beat that sent shares to a record
By Sheryl EstradaMay 15, 2026
  • zach
    CommentaryI spent 8 years building Google Sheets. Now I think apps are on their way out
    By Zach LloydMay 13, 2026
krishna
CommentaryThe U.S. has 1,200 AI bills and no good test for any of them
By Jeffrey Sonnenfeld, Gary Marcus and Stephen HenriquesMay 15, 2026
Claude is telling users to go to sleep mid-session and nobody, including Anthropic, seems to fully understand why it keeps doing it
AIClaude is telling users to go to sleep mid-session and nobody, including Anthropic, seems to fully understand why it keeps doing it
By Marco Quiroz-GutierrezMay 14, 2026
Peter Thiel, wearing a white shirt and in front of a red background, holds up a dollar bill.
EnergyPeter Thiel is leading investment in an ocean data center powered by waves—and the startup is reportedly worth $1 billion
By Sasha RogelbergMay 14, 2026
data center
EconomyMeta’s $10 billion Louisiana data center is getting $3.3 billion in tax breaks—more than seven years of the state’s entire police budget
By Jake AngeloMay 14, 2026
Cerebras Systems ad on a billboard.
AICerebras CEO says AI chip demand is ‘not speculative’ as shares double in blockbuster IPO debut
By Beatrice Nolan and Sharon GoldmanMay 14, 2026
  • Four ways to create a lasting cost advantage from AI
    Partner CommentaryFour ways to create a lasting cost advantage from AI
    By Paul GoydanMay 13, 2026
The AI boom sidelined sustainability. Two researchers want to change that
NewslettersThe AI boom sidelined sustainability. Two researchers want to change that
By Sharon GoldmanMay 14, 2026
Jon Gray, Blackstone
SuccessBlackstone COO Jon Gray predicts ‘huge boom’ in blue-collar jobs—his own data center company is hiring 30,000 new roles
By Preston ForeMay 14, 2026
A European central bank has signed a mega deal with a cloud service provider. The problem for Google, Microsoft and Amazon? It’s not with them 
EuropeA European central bank has signed a mega deal with a cloud service provider. The problem for Google, Microsoft and Amazon? It’s not with them 
By Kamal AhmedMay 14, 2026
student
LawParents want less screen time in schools. Administrators say opting out isn’t feasible
By Sharon Lurye and The Associated PressMay 14, 2026
gene
CommentaryI helped design the original Tesla battery. Here’s how America can lead the world again
By Gene BerdichevskyMay 14, 2026
Man with glasses and beard before a microphone
CybersecurityNorth Korean operatives stole $2 billion last year—and financial firms are the next target
By Amanda GerutMay 14, 2026
Furientis missile launches from the ground during a test.
Startups & VentureExclusive: ‘We’re spending millions to stop threats that cost thousands’: Startup Furientis aims to revolutionize defense
By Lily Mae LazarusMay 14, 2026
Cisco CEO Chuck Robbins, interviewed by Fortune’s Andrew Nusca, at Fortune Brainstorm Tech 2016 in Aspen, Colo. (Photo: Stuart Isett/Fortune)
NewslettersCisco shares soar almost 20% as AI infrastructure orders jump
By Andrew NuscaMay 14, 2026
Wall Street no longer believes Kevin Warsh can do what President Trump wants
EconomyWall Street no longer believes Kevin Warsh can do what President Trump wants
By Jim EdwardsMay 14, 2026
Steve Jobs used a ‘beer test’ for interviews at Apple—if he didn’t want to drink with you, you didn’t get the job
SuccessSteve Jobs used a ‘beer test’ for interviews at Apple—if he didn’t want to drink with you, you didn’t get the job
By Orianna Rosa RoyleMay 14, 2026
The earth beneath your feet just minted a $10 billion company to power America’s AI boom
EnergyThe earth beneath your feet just minted a $10 billion company to power America’s AI boom
By Jordan BlumMay 14, 2026
Boeing lost China. Trump—and 500 jets—may be about to win it back
EconomyBoeing lost China. Trump—and 500 jets—may be about to win it back
By Shawn TullyMay 14, 2026
After nearly a year of delays, Trump Mobile’s CEO says the gold-plated Trump phone will begin shipping to buyers this week
North AmericaAfter nearly a year of delays, Trump Mobile’s CEO says the gold-plated Trump phone will begin shipping to buyers this week
By Marco Quiroz-GutierrezMay 13, 2026
Elon Musk sits with his fists together, looking up.
AI‘Maybe me too’: Elon Musk accepts some of the blame for Claude learning to blackmail users from ‘evil’ online AI stories
By Sasha RogelbergMay 13, 2026
How HubSpot got all engineers to use AI without any mandates
NewslettersHow HubSpot got all engineers to use AI without any mandates
By John KellMay 13, 2026
Goldman sees an AI bottleneck that can’t be vibe-coded away. Ford’s CEO warns it’s already a ‘full-blown’ crisis
EnergyGoldman sees an AI bottleneck that can’t be vibe-coded away. Ford’s CEO warns it’s already a ‘full-blown’ crisis
By Nick LichtenbergMay 13, 2026
“I had to turn down President Obama” 
Europe“I had to turn down President Obama” 
By Kamal AhmedMay 13, 2026
lloyd
AILloyd Blankfein just put his finger on why even Goldman Sachs is wary of AI agents
By Nick LichtenbergMay 13, 2026
Current price of Ethereum for May 31, 2026
Personal FinanceCurrent price of Ethereum for May 13, 2026
By Joseph HostetlerMay 13, 2026
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Environment
Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it backplaceholder alt text
By Catherina GioinoJune 9, 2026
Investing
When SpaceX starts trading, some 'shareholders' will discover they own nothing at allplaceholder alt text
By Jim EdwardsJune 12, 2026
Energy
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longerplaceholder alt text
By Sasha RogelbergJune 10, 2026
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